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Elevator Apartment Building
For Sale
$6,660,000

715 E 214th Street, New York, NY 10467

Fully occupied multifamily property with varied apartment layouts and transit access near the 225th Street subway station.

Property SizeContact for details
Days on Market71

Property Features for 715 E 214th Street

General Information

Standard status Active
Elevators Yes
Occupancy 100%

Units

Unit Mix 19 x studio, 9 x 1BR, 9 x 2BR
Multifamily Units 37

Additional Details

Gross Income $699,826
Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,326

Building Details

Buildings 1
Listing Agency: Link NY Realty
Listed By: Valon Nikci · License #10491202180
Source: Exprealty
Added: Jun 22 Changed: Aug 30 Last Checked: Aug 30 at 9:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Link NY Realty

Investment Insights

Based on property information with market context.

This elevator apartment building contains 37 residential units, including 19 studios, 9 one-bedroom apartments, and 9 two-bedroom apartments. The property is reported as 100% occupied, with many residences leased to long-term tenants through established housing organizations and government-assisted programs. Tenants pay heat and electric, while the building maintains an 87%+ NOI margin.

Located at 715 E 214th Street in the Wakefield section of the Bronx, the property is one block from the 225th Street subway station serving the 2/5 lines. Metro-North access provides an approximately 25-minute connection to Grand Central. The unit mix and transit-oriented setting support a broad multifamily operating profile.

Key Highlights

  • 37 residential apartments: 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms
  • 100% occupied building with many long‑term tenants
  • Elevator building at 715 E 214th Street, New York, NY 10467

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,185
Businesses Nearby

Demographics for 10467, NY

103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with varied apartment layouts and transit access near the 225th Street subway station.
Where is this apartment building located?
The property is located at 715 E 214th Street New York, NY.
What is the asking price?
The asking price for this property is $6,660,000.
What are key features of this property?
This property features: 37 residential apartments: 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms; 100% occupied building with many long‑term tenants; Elevator building at 715 E 214th Street, New York, NY 10467
More about this property
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